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Cracker Barrel (CBRL) Form 4 shows 5,390 RSU award to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cracker Barrel Old Country Store, Inc. (CBRL) reported that director John Garratt received an annual equity grant. On 11/20/2025, he was awarded 5,390 shares of common stock in the form of time-based restricted stock units (RSUs) at a reported price of $0.00 per share, reflecting a non-cash director compensation grant. Following this award, he beneficially owned 9,933 shares of Cracker Barrel common stock in total.

The RSU award was granted under the company’s 2020 Omnibus Incentive Compensation Plan for independent directors and will cliff vest on November 20, 2026, meaning all the units vest at once on that date rather than gradually over time.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Garratt John W

(Last) (First) (Middle)
305 S. HARTMANN DRIVE

(Street)
LEBANON TN 37087

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CRACKER BARREL OLD COUNTRY STORE, INC [ CBRL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/20/2025 A 5,390(1) A $0.00 9,933 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents an annual award of time-based RSUs payable to independent directors pursuant to the Company's 2020 Omnibus Incentive Compensation Plan. Award will cliff vest on November 20, 2026.
Remarks:
John Garratt by Richard M. Wolfson, Attorney-in-Fact 11/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CBRL report for John Garratt?

Cracker Barrel reported that director John Garratt received an annual grant of 5,390 time-based RSUs of common stock on 11/20/2025 as part of his director compensation.

How many CBRL shares does John Garratt beneficially own after this transaction?

After the reported RSU grant, John Garratt beneficially owned 9,933 shares of Cracker Barrel Old Country Store, Inc. common stock.

What is the vesting schedule for John Garratt’s CBRL RSU award?

The 5,390 RSUs awarded to John Garratt are time-based and will cliff vest on November 20, 2026, with all units vesting at that single date.

Under which plan were John Garratt’s CBRL RSUs granted?

The RSUs granted to John Garratt were issued under Cracker Barrel’s 2020 Omnibus Incentive Compensation Plan for independent directors.

Was cash paid for the CBRL RSUs granted to John Garratt?

The Form 4 reports a per-share price of $0.00 for the 5,390 RSUs, indicating the award represents equity compensation rather than a purchase for cash.

What type of ownership is reported for John Garratt’s CBRL holdings?

The 9,933 shares beneficially owned by John Garratt after the transaction are reported as direct (D) ownership.

Cracker Barrel Old Ctry Store

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Restaurants
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United States
LEBANON